Welcome to our dedicated page for AMERIGO RESOURCES news (Ticker: ARREF), a resource for investors and traders seeking the latest updates and insights on AMERIGO RESOURCES stock.
AMERIGO RESOURCES LTD (symbol: ARREF) is a leading copper producer based in Chile. The company specializes in the extraction and processing of copper from tailings, utilizing a unique process to maximize efficiency and environmental sustainability. With a strong focus on innovation and responsible mining practices, Amerigo has consistently delivered impressive financial results and maintained strong partnerships within the industry. The company's recent achievements include exceeding production targets, expanding its operations, and investing in cutting-edge technology to enhance its competitive edge in the market.
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Amerigo Resources Ltd. announces Q3-2023 production results for Minera Valle Central
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Amerigo Resources resumes normal operations after removing excess water from tailings deposit
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Additional historic rains in Chile impact Amerigo Resources' Q3-2023 production, expected to be 2.7M lbs lower than revised plan.
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Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) announces the completion of repairs at Minera Valle Central (MVC) in Chile, resuming full production from fresh and historic tailings on July 22, 2023. The plant was reconnected to Chile’s central power grid on July 21, 2023. The company's President and CEO, Aurora Davidson, expressed pride in the swift response of the team and highlighted the minimal lasting impact on the business and the security of the quarterly dividend. Despite a 3% reduction in annual copper production guidance due to the flooding, the original molybdenum production guidance remains unchanged.
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Operations at Minera Valle Central (MVC) in Chile have been temporarily disrupted due to power line damage caused by heavy rains. No injuries or accidents were reported, and the impact on production is expected to be limited. MVC has already taken steps to restore power and secure alternative energy sources while repairs are made.
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FAQ
What is the current stock price of AMERIGO RESOURCES (ARREF)?
The current stock price of AMERIGO RESOURCES (ARREF) is $1.16 as of January 29, 2025.
What is the market cap of AMERIGO RESOURCES (ARREF)?
The market cap of AMERIGO RESOURCES (ARREF) is approximately 189.2M.
What is AMERIGO RESOURCES LTD known for?
AMERIGO RESOURCES LTD is a prominent copper producer focused on innovative extraction and processing techniques.
Where is AMERIGO RESOURCES LTD based?
The company is based in Chile, a key region for copper mining and production.
How does AMERIGO RESOURCES LTD differentiate itself in the market?
AMERIGO RESOURCES LTD stands out in the market by utilizing a unique process to extract copper from tailings, emphasizing efficiency and environmental sustainability.
What recent achievements has AMERIGO RESOURCES LTD accomplished?
The company has exceeded production targets, expanded its operations, and invested in cutting-edge technology to maintain a competitive edge.
What is AMERIGO RESOURCES LTD's approach to responsible mining practices?
AMERIGO RESOURCES LTD prioritizes responsible mining practices by focusing on sustainability, innovation, and strong industry partnerships.
How does AMERIGO RESOURCES LTD contribute to the copper industry?
AMERIGO RESOURCES LTD contributes to the copper industry by delivering impressive financial results, maintaining strong partnerships, and investing in technological advancements.
What is AMERIGO RESOURCES LTD's annual yield based on dividends?
AMERIGO RESOURCES LTD has an annual yield of 9.16%, calculated from four quarterly dividends of Cdn$0.03 per share each.
When was Amerigo's share price last recorded?
Amerigo's share price was last recorded on November 24, 2023, at Cdn$1.31 per share.
What sets AMERIGO RESOURCES LTD apart from its competitors?
AMERIGO RESOURCES LTD sets itself apart from competitors through its focus on innovation, efficiency, and sustainable mining practices.
How does AMERIGO RESOURCES LTD plan to sustain its success in the future?
AMERIGO RESOURCES LTD plans to sustain its success by continuing to invest in technology, expand its operations, and uphold its commitment to responsible mining practices.
AMERIGO RESOURCES LTD